News

Abu Dhabi / WAM The Telecommunications and Digital Government Regulatory Authority (TDRA) announced a 50 percent increase, with 5.2 million visitors recorded, in the UAE national portal users in Q3 of 2021 as compared to the same period of 2020. They number of visits to the portal reached 7.7 million and while views of its pages reached 11.3 million. TDRA ...

GLASGOW / WAM The Agriculture Innovation Mission for Climate (AIM for Climate) — a major new initiative led by the United Arab Emirates (UAE) and United States (US) with the support of over 30 governments — officially launched on Tuesday and announced an “early harvest” of $4 billion of increased investment to accelerate innovation for climate-smart agriculture and food systems ...

WASHINGTON / WAM The UAE Embassy in Washington has launched a new campaign “50 Years | 50 Faces,” honouring the country’s 50th anniversary and telling the story of the UAE’s friendship with the US across five decades. The groundbreaking campaign is part of the UAE’s “Year of the 50th” celebration, which is taking place through March 2022. The celebration will ...

Dubai / WAM In the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, FedEx Express, a subsidiary of FedEx Corp. and the world’s largest express transportation company, has signed an agreement with Dubai South to build its new ...

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), and the “Mother of the Nation”, congratulated the UAE leadership and people on the occasion of the UAE Flag Day, which is observed on November 3 ...

Dubai / WAM The Dutch Minister for Foreign Trade and Development Cooperation, Tom de Bruijn, arrived in the UAE on Tuesday, leading a 50 Dutch company representatives. The minister wants to “make new partners for solving global challenges and deepen relations with existing partners in the UAE and broader Gulf region,” a press release by the Consulate General of the ...

Bloomberg Almost half of UK companies expect to increase prices, a record high, adding to inflation concerns that will weigh on Bank of England policy makers ahead of their meeting this week. A survey by Lloyds Banking Group Plc showed 45% of businesses expect to raise prices, which will buttress market expectations that the UK central bank will deliver its ...

Bloomberg Mexico’s economy shrank in the third quarter after new legislation banning labour outsourcing hit the services industry and coronavirus cases surged. Gross domestic product declined 0.2% from the previous three-month period, compared to the median estimate in a Bloomberg survey of no growth. It’s the first contraction since the second quarter of 2020, when Mexico imposed its harshest set ...

Bloomberg Rivian Automotive Inc., the electric truck maker backed by Amazon.com Inc., is seeking to raise as much as $8.4 billion in an initial public offering that could give it a market value of as much as $53 billion. Rivian said it plans to sell 135 million shares for $57 to $62 each, according to a filing Monday with the ...

Bloomberg Italy’s manufacturing sector saw more rapid expansion last month, bucking the general weakening trend in the region as Prime Minister Mario Draghi tries to spur growth in the euro area’s third-largest economy. The Netherlands, Ireland and Greece also recorded stronger performances in surveys of purchasing managers by IHS Markit. With Germany, France and Spain lagging behind, momentum in the ...